Live updates: Fed decision, Jerome Powell's Q&A session

Powell made his first post-election public appearance Thursday

The Federal Reserve held rates near zero while noting the economy will depend on the path the coronavirus takes.

Chairman Powell provided details on how policymakers see the economic recovery progressing, including the need for more stimulus to combat a second-wave of COVID-19. 

TRUMP OR BIDEN? FED CHAIR POWELL IS STILL A RAINMAKER

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 38289.39 +203.59 +0.53%
SP500 S&P 500 5109.92 +61.50 +1.22%
I:COMP NASDAQ COMPOSITE INDEX 15957.331583 +345.57 +2.21%

STOCKS RALLY, GM PROFITS SOAR

The FOX Business Blog covered his remarks LIVE in this recap. Mobile users click here.

CLICK HERE TO READ MORE ON FOX BUSINESS